Plan Ledger DOL Form 5500 · updated monthly

Hegg Companies, Inc401(k)

HEGG COMPANIES, INC 401K PROFIT SHARING PLAN · SIOUX FALLS, SD · plan year 2022

Reported admin expense ratio · 2022
0.99%

Peer grade: D · admin costs + employer contributions vs same-size plans · how grading works

Hegg Companies, Inc reported $16,217 in plan administrative expenses for 2022: 0.99% of average plan assets, higher than ~75% of peers. Employer contributions averaged $306 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 1 year on file its reported administrative ratio rose from 0.99% to 1.05%. The plan sits in the $1M–$10M size bracket, benchmarked here against 30,021 comparable plans and shown alongside other real estate & leasing employers. By assets it is among the smaller plans on file in South Dakota (222nd of 233), and 1,919th of 2,096 in real estate & leasing. In 2022, employees put in $2.23 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$1,515,339
Participants with balances106
Active participants261
Employer contributions$79,892
Employee contributions$178,248
Employer contribution per active participant$306
Average account balance$14,296
Benefits paid to participants$310,926
Plan auditUnmodified (clean) audit opinion
Plan history2
Yearassets · accounts · employer contribution
2023$1.5M · 93 accts · $72K emplr
2022$1.5M · 106 accts · $80K emplr
The Hegg Companies, Inc 401(k) match · 2022
Employer contribution per active participant$306
Median for plans this size$1,114
2023$191 per active participant
2022$306 per active participant

Hegg Companies, Inc's 2022 employer contribution ran below the $1,114 median for plans its size, in the bottom quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2022 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Administrative cost history2
2023$15,855 · 1.05%
2022$16,217 · 0.99%
Same employer
Similar plansReal Estate & Leasing · South Dakota
Lloyd Companies, Inc. SD$19.7M · 0.25%
Wpd Management LLC IL$1.5M · 0.29%
Houwzer PA$1.5M · 0.02%

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Source: U.S. Department of Labor, Form 5500 series, EIN 460406130 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.